Financial Times FT.com

Americas - Economy & trade

North begins to lose allure for Brazilians

By Richard Lapper in São Paulo

Published: April 1 2008 20:55 | Last updated: April 1 2008 20:55

At the end of 2004, Genini Danelli paid what locals call a “consul” $10,000 to take him to Mexico and across the border into the US. The 44-year-old construction worker from the Brazilian city of Governador Valadares has had a poor return on his investment.

Working on building sites in Boston, New Jersey and most recently in North Carolina, Mr Danelli earned about $500 (€315, £251) a week when times were reasonably good. Even so, it took him a 1½ years to pay off the debt, and in the past year or so things have gone downhill rapidly.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this